Housing Market Potential Narrows Performance Gap in April, According to First American Potential Home Sales Model

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Housing Market Enters Unprecedented Homebody Era, According to First American Potential Home Sales Model: Date : 06/20/2019 @ 12:00PM: Source : Business Wire: Stock : First American Corp (FAF) Quote : 57.82 0.89 (1.56%) @ 9:05PM

According to a new report by First American, while existing-home sales continued to underperform their potential in December 2017, the gap between actual sales and that potential has continued to.

Housing Market Potential Narrows Performance Gap in April, According to First American Home Sales Model Mortgage Ledger Staff 2019-05-20T19:10:35-04:00 The keys to closing the performance gap lie in where mortgage rates go from here and how existing homeowners resolve the dilemma to sell or not to sell, says Chief Economist Mark Fleming

 · Market Performance Gap The market for existing-home sales is underperforming its potential by 4.7 percent or an estimated 289,000 (SAAR) sales. The market performance gap decreased by an estimated 36,000 (SAAR) sales between April 2018 and May 2018.

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First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today released First American’ s proprietary Potential Home Sales Model for the month of January 2018. “In January, the market potential for existing-home sales increased to a 6.1 million seasonally.

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-The keys to closing the performance gap lie in where mortgage rates go from here and how existing homeowners resolve the dilemma to sell or not to sell, says Chief Economist Mark Fleming- First.